4072 Route 28
4072 Route 28 Boiceville, New York 12412 United States

$495,000
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Berardi Realty

Listing Courtesy of Berardi Realty

About 4072 Route 28

Located in the center of Boiceville next to the High School and across from the Boiceville Market. 7 unit mixed use property offering a 2,500+ square foot retail/restaurant space in the front building with two apartments. The back building is a 3 unit apartment house with all updated utilities. There is also plenty of parking and a rented 2-car garage. The Retail/Restaurant space is currently vacant and advertised at a low rent of $1,500 a month including all utilities, has a full bar, hard wood floors and a kitchen with hood and water and gas connections (other kitchen equipment has been removed). Retail space could be great for a flea market, antique shop of as it is a restaurant space. Cap at asking is 6.71% but that's based on the current below market rent rates. Cap rate at more fair market rents is 10%. Please see associated docs for actual and ProForma income and expenses. List agent is part owner.

Listing Courtesy of Berardi Realty, Ulster County Board-Realtors

PROPERTY INFORMATION

Heating
BASEBOARD, HOT WATER
Parking Description
LOT-PAVED, OFF STREET, parking spaces 11-20
Sewer
MUNICIPAL
Water
1000

EXTERIOR

Construction
FRAME/STICK

INTERIOR

Flooring
CERAMIC, HARDWOOD

ADDITIONAL INFORMATION

Number of Units
7
5,000 Sq Ft.
Interior
1.5 Acres
Exterior
Commercial
Property type
1960
Year Built
20214463
Web Id
20214463
MLS ID
Onteora Central
School District
Listing Courtesy of Berardi Realty

Berardi Realty

Listing Courtesy of Berardi Realty

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